Gold prices rise for fifth consecutive session; silver remains unchanged
Gold prices rallied for a fifth straight session, rising Rs 110 to Rs 80,660 per 10 grams in the national capital on Monday, according to the All India Sarafa Association.
Gold prices rallied for a fifth straight session, rising Rs 110 to Rs 80,660 per 10 grams in the national capital on Monday, according to the All India Sarafa Association.
On December 29, gold prices in India remained higher, reflecting sustained demand and market trends.
MCX Gold for December 5 expiry hit its fresh record high of ₹78,260 per 10 grams, while MCX Silver for Dec 5 expiry rose to a fresh all-time high of ₹98,224 per kg
MCX gold price today opened upside at ₹58,045 per 10 gm levels and went on to hit intraday high of ₹58,075 levels
They said that after surge in US jobless claims to highest levels in last one and half years, US central bank may feel the pressure to end interest rate hike cycle
Gold rates today witnessed some profit-booking in early morning deals but remained above the psychological ₹57,000 levels
Earlier this week, gold touched Rs 58,500 per 10 gram in the domestic market